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Home > How to Make a Gift > Different Ways to Give
At the Community Foundation of Southern Indiana, we’re all about options for giving. We can handle anything from complicated estate plans involving land trusts to simple, straightforward gifts. Your options include:
- Giving to our unrestricted endowment. This is our general fund. Each year, we spend the interest from this fund to award grants to non-profit organizations that serve Southern Indiana. There are many, many more needs than we can meet with our current funding. Your gift would help us meet community needs for years to come.
- Creating a field of interest fund. You tell us what you want to fund, whether it’s programs for children, libraries, the arts or education. We would hold your money as a fund, spending only the proceeds each year, and award grants based on your charitable ambitions. Your money would live on forever, giving out grants every year.
- Creating a fund that gives to select organizations. You can deposit money with us that funds an annual gift to the same non-profit in perpetuity, whether it’s your church, a school or social service organization. We’ll grow the funds and make the gift for you, every year, forever.
- Creating a scholarship fund. We have dozens of scholarship funds for students. One special need we’d love to see answered in Southern Indiana is a scholarship fund for non-traditional students. These are the students who are adults, maybe have a family, and probably need the encouragement the most. Consider this option when you are planning for the future.
- Making a gift annuity. We hold the money for you and pay you an annual dividend. Upon your death, we disperse the money to the charity you’ve designated.
- Creating a Planned Gift. The most common types of planned gifts are bequest through your will or trust, IRA or 401K beneficiary designation, life insurance policy ownership and beneficiary designation, and Charitable Trusts (life income arrangements). We recommend that you discuss these options with your family and with your attorney, accountant, insurance agent or financial planner as may be appropriate. You may also contact the Foundation office to discuss the various ways to leave your legacy through the Community Foundation.
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